Archives For: Featured Resources
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release providing information related to Adequacy of Servicing, Electronic Default Notice Event, Foreclosure Sale Scheduled Event and contacting the VA.
17 Jul 2020
Fannie Mae: SVC-2020-03: Servicing Guide Updates
Fannie Mae issued a release announcing updates that simplify loss draft disbursement policies while balancing risk, revise post-disaster credit reporting requirements, authorize servicers to not send a payment reminder notice to borrowers in an active forbearance plan, and encourage servicers to make borrowers aware of the Disaster Response Network.
15 Jul 2020
Freddie Mac: FHLMC Guide Bulletin 2020-29: Servicing Updates
Freddie Mac announced a number of updates relevant to servicers. Included are changes to insurance loss requirements and document custody.
15 Jul 2020
Freddie Mac: FHLMC Guide Bulletin 2020-28: Eligible Disasters and Other Servicing Guidance Related to COVID-19
Freddie Mac announced a number of updates relevant to servicers. Included is guidance related to eligible disasters and the introduction of the Disaster Payment Deferral.
15 Jul 2020
Fannie Mae: AAA Matrix Update – July 2020
Fannie Mae announced that as of July 1, 2020, the fee amount for the Case Management Hearing – Illinois Administrative Order – SP37 Standard Excess Fee has been updated in the Illinois Attorney Authorization Approval matrix.
15 Jul 2020
HUD: FHA INFO #20-50: Updated Servicing and Loss Mitigation Section Draft of the Single Family Housing Policy Handbook
The Federal Housing Administration (FHA) has posted a draft revision of the Servicing and Loss Mitigation section (Section III) of the Single Family Housing Policy Handbook 4000.1 on the Single Family Housing Drafting Table for public review and feedback.
14 Jul 2020
FHFA: Foreclosure Prevention Report – April 2020
The Federal Housing Finance Agency (FHFA) issued its April 2020 Foreclosure Prevention, Refinance and FPM Report.
13 Jul 2020
Tropical Storm Fay Hitting East Coast with Heavy Rain
The Weather Channel published a report providing the latest updates on Tropical Storm Fay, which has diminished into a post-tropical low and is moving north toward Canada.
11 Jul 2020
FEMA Declared Disaster Alabama
FEMA issued a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms that took place April 12-13, 2020.
10 Jul 2020
FEMA Declared Disaster Alabama
FEMA issued a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms, straight-line winds and tornadoes that took place on April 19, 2020.
10 Jul 2020